INCOME STATEMENT (Quarterly GAAP In millions $) |
(Dec 31 2023) II. Quarter |
(Sep 30 2023) I. Quarter |
(Jun 30 2023) IV. Quarter |
(Mar 31 2023) III. Quarter |
(Dec 31 2022) II. Quarter |
Interest and Fee Income, Loans and Leases |
8.70 |
7.73 |
7.22 |
6.69 |
6.60 |
Interest and Dividend Income, Securities |
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
Interest Income, Deposits with Financial Institutions |
0.06 |
0.07 |
0.07 |
0.07 |
0.07 |
Other Income |
1.44 |
1.46 |
1.38 |
1.41 |
1.41 |
Total Interest Income |
10.23 |
9.29 |
8.69 |
8.20 |
8.11 |
Interest Expense, Deposits |
4.34 |
3.84 |
3.44 |
2.50 |
1.44 |
Interest Expense, Debt |
0.15 |
- |
0.02 |
- |
- |
Other Intrest Expenses |
1.32 |
0.83 |
0.57 |
0.62 |
0.58 |
Total Interest Expense |
5.84 |
4.71 |
4.02 |
3.16 |
2.06 |
Net Interest Income |
4.39 |
4.58 |
4.67 |
5.04 |
6.05 |
Provision
for loan losses |
0.36 |
0.22 |
-0.48 |
0.24 |
0.10 |
Total Net Interest Income |
4.02 |
4.36 |
5.15 |
4.80 |
5.94 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
0.20 |
0.31 |
0.24 |
0.17 |
0.25 |
Revenue From Contract With Customer Excluding Assessed Tax |
0.11 |
0.10 |
0.09 |
0.09 |
0.10 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
0.29 |
0.31 |
0.33 |
0.30 |
0.31 |
Federal Home Loan Bank Dividends |
0.08 |
0.07 |
-0.10 |
0.06 |
0.04 |
Gain Loss On Sale Of Loans And Leases |
0.04 |
0.07 |
-0.08 |
0.05 |
0.03 |
Debt Securities Available For Sale Realized Gain Loss Excluding Other Than Temporary Impairment |
- |
- |
0.17 |
0.01 |
-0.18 |
Debt Securities Available For Sale Realized Gain Loss |
- |
- |
- |
- |
- |
Mortgage Banking Income Loss Net |
-0.05 |
- |
- |
- |
- |
Loss/ -Gain on Investment |
0.00 |
- |
- |
- |
- |
Other Non-Interest Income |
-1.22 |
-0.80 |
-0.44 |
-0.55 |
-0.46 |
Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances |
1.36 |
0.87 |
-1.28 |
0.66 |
0.62 |
Supervisory Examinations |
0.03 |
0.03 |
-0.09 |
0.04 |
0.04 |
Audit And Accounting Services |
0.02 |
0.08 |
-0.09 |
0.04 |
0.04 |
Organizational Dues And Subscriptions |
0.01 |
0.02 |
-0.03 |
0.01 |
0.02 |
Insurance Bond Premiums |
0.05 |
0.06 |
-0.10 |
0.05 |
0.05 |
Total Noninterest Income |
0.92 |
1.13 |
1.04 |
0.94 |
0.87 |
Total Revenues |
4.94 |
5.49 |
6.19 |
5.74 |
6.81 |
Salaries & employee benefits, SGA |
2.83 |
3.02 |
3.30 |
3.20 |
3.08 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Occupancy, Net |
0.29 |
0.29 |
0.28 |
0.25 |
0.24 |
Professional Fees |
0.14 |
0.09 |
0.09 |
0.08 |
0.12 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
0.16 |
0.14 |
0.16 |
0.06 |
0.06 |
Other Noninterest Expense |
0.43 |
0.45 |
0.45 |
0.38 |
0.43 |
Other loss/ -income |
0.86 |
0.87 |
1.14 |
0.88 |
0.99 |
Total Operating
Expenses |
4.71 |
4.85 |
5.42 |
4.85 |
4.92 |
Total Costs & Expenses |
10.55 |
9.56 |
9.44 |
8.01 |
6.98 |
Income /-loss before income taxes |
0.23 |
0.64 |
0.77 |
0.89 |
1.89 |
Income taxes expenses/-benefit |
0.05 |
0.18 |
0.17 |
0.20 |
0.49 |
Income after income taxes |
0.19 |
0.47 |
0.60 |
0.69 |
1.40 |
Net income/-loss
of other equity |
- |
- |
- |
- |
- |
Income /-loss after income taxes |
0.19 |
0.47 |
0.60 |
0.69 |
1.40 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
0.19 |
0.47 |
0.60 |
0.69 |
1.40 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
0.19 |
0.47 |
0.60 |
0.69 |
1.40 |